Pinot's Palette

Pinot's Palette

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Promoted Opportunities

Pinot's Palette
#286

Initial Investment

LOW: $76,600
HIGH: $196,600

Change in Units

+32.4% +44 UNITS (1 Year)
+309.1% +136 UNITS (3 Years)

Company Profile

Founded

2009

Franchising Since

2010 (7 Years)

Corporate Address

10333 Harwin Dr., #265 Houston, TX 77036

CEO

Craig Ceccanti

About Pinot's Palette

The first Pinot's Palette (originally called Pinot & Picasso) opened in Houston in 2009. The name change, along with the advent of franchising, came in 2010. Franchises offer in-studio painting classes and private parties, as well as mobile event services. Customers bring their own wine or other beverages and are taught step-by-step to create a painting.

Financials

Financial Requirements

Initial Investment

$76,600 - $196,600

Net-worth Requirement

$250,000

Liquid Cash Requirement

$50,000

Ongoing Fees

Initial Franchise Fee

$27,500

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Pinot's Palette offers in-house financing to cover the following: franchise fee

Pinot's Palette has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


10% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 10 days

Training at headquarters: 14 days

Additional Training: Additional training as needed

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Number of employees required to run: 6

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 8th, 2016

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